Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

Free
Message: Calling Accountant re: Burgeonvest

To continue on the Andean Resources Comparison.

This is Andean Resources PFS annouced in July 2010. They were bought out in September 2010.

http://www.marketwire.com/press-release/andean-resources-announces-positive-feasibility-study-results-its-cerro-negro-gold-project-tsx-and-1286272.htm

CUU's NPV is far higher than Andean's case. And they were bought out for $3.6 billion.

Base Case

$850/oz Au, $14/oz Ag
NPV (0% discount rate) $565 million
NPV (5% discount rate) $402 million
NPV (10% discount rate) $287 million
IRR 43%
Share
New Message
Please login to post a reply